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#762
San Diego Restaurants For Sale

Quick Serve Asian Food, National Franchise; Price Reduced

$60,000
Quick Serve Asian Food, National Franchise; Price Reduced
This Listing is Expired
This is an opportunity to franchise quick serve Asian concept and to operate a location in the Mira Mesa area.

This franchise opportunity is for a proven concept in an anchored center dense with population in the surrounding community. The concept has an exclusive and growing customer base, great food, and lots of potential upside if worked by an owner/operator.

The concept started in 1982 with 35 locations opened across the country, with more than 60 exciting food creations to cover a wide range of tastes. While the operating history for this concept varies, this absentee owner ran location has annual sales between $18k -$20k per month or $216k - $240k annually. The base rent is $3046 per month or $2.77 psf/pm. The royalty paid to the franchisor is 4% of sales.

Take the next step and complete the online confidentiality agreement and you�ll be provided with more detailed information on the opportunity. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
5 months remaining + 5 yr option
Total Monthly Rent:
$3,046
Security Deposit:
$2,046

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
7 days, 11:00-8:00
Hood System Type 1:
Yes

Facilities

Indoor Seating:
32
Inside Sq. Ft.:
1,100

Highlights

  • National franchise included in sale price.
  • Quick serve Chinese and Japanese food.
  • Fresh food, prompt service, clean and friendly environment.
  • Sales between $216k-240k
  • Mira Mesa Area; Large Anchored Center
  • Base Rent of $3046 or 7% whichever is greater
  • CAM Appox $176 in additional rents monthly

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 74,744 223,016
Households 3-mi. 5-mi
2010 Number Of Households 22,978 71,156
2010 Persons Per Household 3.04 2.93
Median House Value $378,400 $586,334
Income Per Household $81,505 $107,509
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,554 7,754
2012 Number Of Employees 41,546 323,572
2012 Total Annual Payroll $801,064,000 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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